Have you evaluated your farm or forestry business recently? Do you know how it’s performing now and how well it’s likely to perform in a future post-Brexit? Have you done everything in your power to safeguard your business for the next generation?
In a drive to encourage more eligible businesses in Wales to prepare for the challenges and opportunities which are expected, the Welsh Government has recently changed the criteria for applying for certain elements of the Farming Connect Advisory Service.
The Advisory Service provides both business planning support and/or technical advice, tailored to each applicant’s needs, which can help businesses reduce costs and increase efficiency across all areas of their business. The Advisory Service is subsidised by up to 80% for eligible individuals and by 100% for each eligible individual who applies through the ‘group’ category.
Farming Connect’s services manager, Elliw Evans Hughes, explains that tapping into this support could make an important difference to the way business are managed, both now and in the future.
“In the last 18 months, more than 850 individuals have accessed support through the Advisory Service and many are now reporting significant benefits which will help them remain efficient, profitable and resilient long term, despite the current economic uncertainties.”
The changes to the criteria will particularly benefit those businesses wanting only technical advice. The majority of farmers will recognise the value of having a long-term business strategy to work towards and therefore need a business plan before they can apply. For those requiring only technical advice, attending one of Farming Connect’s ‘Farming for the Future’ roadshows, which will be taking place at locations throughout Wales from late April onwards, will mean they are eligible to apply for technical advice.
Each business can apply for four instances of advice during the current programme period. Under the new criteria this can include a combination of both business and technical categories, or they can all be within any single category.
If you have any queries about the Advisory Service, how it could benefit you and want to apply, contact your local development officer.
You will also find dates and locations of all ‘Farming for the Future’ roadshows here. The event must be attended by a partner in the business and all places must be booked online in advance.